Signed into law
Investing in All of America Act of 2025
This act modifies the limit on the amount of financing available to a Small Business Investment Company (SBIC) from the Small Business Administration (SBA). It also expands the definition of private capital with respect to SBICs.
- Measure
- H.R. 2066 · 119th Congress
- Latest action
- May 19, 2026
- Policy changes
- 3
- Source
- CRS summary (Public Law) · Congress.gov
Became Public Law No: 119-92.
Who wrote it

Sponsor
Rep. Daniel Meuser (R-PA-9)Joined by 8 cosponsors, 1 of them from the day it was introduced. Introduced March 11, 2025.
All 8 cosponsors
- Rep. Hillary J. Scholten (D-MI-3) · original
- Rep. Tony Wied (R-WI-8)
- Rep. Sharice Davids (D-KS-3)
- Rep. Donald G. Davis (D-NC-1)
- Rep. Brian K. Fitzpatrick (R-PA-1)
- Rep. Kimberlyn King-Hinds (R-MP-AL)
- Rep. Nick LaLota (R-NY-1)
- Rep. Eugene Simon Vindman (D-VA-7)
How Congress voted
No recorded vote: this bill moved by voice vote or unanimous consent, so there is no record of how individual members voted.
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In their own words
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What it changes — and your vote
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Provision 1
Specifically, the act reduces the maximum outstanding financing available to an SBIC from 300% to 200% of the SBIC's private capital.
The act increases from $350 million to $475 million the maximum financing available to two or more commonly controlled SBICs that make quarterly or semiannual interest payments.
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Provision 2
Expands the amounts that may be excluded from the calculation of the financing limit to include the amounts an SBIC invests in (1) rural areas, (2) certain technology categories, or (3) small manufacturers.
The act revises the cap on such excluded amounts to the lesser of $125 million or the aggregate of 50% of the private capital of the SBIC.
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Provision 3
Additionally, the act expands what is considered the private capital of an SBIC to include funds obtained from the business revenue of additional government-sponsored corporations and funds invested by the trust or endowment of a college or university.
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